SBR 18.8% 1.9¢ sabre resources limited

Anyone done any research into the Lyon River Project? Seems it...

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    Anyone done any research into the Lyon River Project?

    Seems it could be prospective for Rare Earths...

    Proposed Acquisition of Power Metals
    • Sabre has entered into a binding Share Sale Agreement to acquire Power Metals Pty Ltd, the holder
    of a 100% interest in the Bonanza Gold Project and the Lyon River Project, each located in Western
    Australia. The acquisition of Power Metals is subject to due diligence and shareholder approval.
    o The Bonanza Gold Project covers an area of 18km2 and is located adjacent to the Penny
    West Gold Project, owned by Spectrum Metals Limited (ASX: SPX), located in the Youanmi
    Gold Mining District, in Western Australia.
    o The Lyon River Project lies east of Hastings Technology Metals (ASX: HAS) Yangibana
    Neodymium-Praseodymium deposit of 17Mt at 1.27% TREO, and has not been systematically
    explored for rare earth mineralisation.
 
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